Indonesia, April 20 -- Singapore (ANTARA/PRNewswire)- Singapore Management University (SMU) has received a S$5 million gift from alumni Jeff Tung (BBM 2013) and Benjamin Twoon (BBM 2013) to accelerate the development of student-founded ventures, supporting Singapore's growing startup pipeline.

The impact-driven gift - SMU's largest alumni contribution to date - marks the culmination of a giving journey that began in 2015. Motivated by their transformative experience in SMU, and by their desire to see some of the most successful entrepreneurs in Singapore emerge from the University, Jeff and Ben's gift will enhance the existing Passion, Adventure, Kickstart (PAK) Entrepreneurship Challenge and establish the Design Your Startup Work-Study ...